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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (43896)5/11/2005 10:56:49 AM
From: profile_14  Read Replies (2) | Respond to of 206325
 
Don't forget to adjust for demographic growth of the population, which if it is growing by some 2% or 2.5% annually, then actual consumption per capita might be falling. If so, then actual changes in behavior could propagate and affect consumption beyond what is being demonstrated in this report.

Weather has been very mild also so far.



To: Tommaso who wrote (43896)5/11/2005 11:16:29 AM
From: Dennis Roth  Respond to of 206325
 
The distillate fuel demand has being 1.4 percent above the same period last year might be explained away in part by a cooler spring than last year keeping oil furnances on longer than last year.

As to the supply of gasoline, while demand in up 0.9 percent above the same period last year, motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 1.1 million barrels per day, and for the fifth consecutive week, extended the longest streak ever in which gasoline imports have averaged at least 1 million barrels per day. Gasoline inventories are not dangeriously low and refinary production increased.

>> I would not want to be short crude myself. <<

I wouldn't want to be long or short crude or gasoline myself.
Too little information available to me that isn't late and/or publicly available to everyone else. I only follow these things because it effects the E & P's and drillers in my portfolio.